Selasa, 10 Februari 2009

Technical Picture - Bearish Evening Star Reversal Pattern

Broad based selling started as the Treasury Secretary laid out the bad bank plan. Not enough details, or buy the rumor and sell the news. I'm not sure but it feels slightly overdone. Most of the market and sector charts carved out a bearish evening star reversal patterns like the Nasdaq, on higher volume. Little on the plus side except GLD and silver.

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